Commercial sweep accounts are an effective means of retaining or attracting commercial customers, but sweeps require banks to assign collateral, generate reports and print notices for each individual account on a daily basis. The Repurchase Agreement Reporting Module (RAM) reduces the labor needed to service sweep accounts and improves the efficiency of commercial banking operations by making these tasks part of banks' automated daily posting routines.

To download the information needed to assign collateral, generate reports and print notices, RAM integrates seamlessly with the account processing applications of Premier and with the Bond Accounting System (BAS). Once RAM is installed and incorporated into the posting process, it runs without operator intervention.

Even banks not currently using Premier or BAS can use RAM to streamline operations through importation of comma-delimited data (*csv files). By incorporating RAM into their operations, banks reduce the time spent on routine regulatory tasks and create more time for customer service and other important functions.